Why the US is suing Amazon

Today, Explained

Vox

Daily News, Politics, News

4.4 • 9.5K Ratings

🗓️ 27 September 2023

⏱️ 25 minutes

🔗️ Recording | iTunes | RSS

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Summary

The Federal Trade Commission has brought a landmark antitrust suit against Amazon. The Verge’s Makena Kelly and former FTC director Bill Baer explain how it’s part of chair Lina Khan’s effort to change the way the US regulates monopolies. This episode was produced by Amanda Lewellyn and Haleema Shah, edited by Amina Al-Sadi, fact-checked by Hady Mawajdeh and Jon Ehrens, engineered by David Herman, and hosted by Sean Rameswaram. Transcript at vox.com/todayexplained Support Today, Explained by making a financial contribution to Vox! bit.ly/givepodcasts Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	The United States government is suing Amazon.com.
0:04.3	So this case is ultimately about competition and competition that has been foregone because
0:09.6	of Amazon's unlawful tactics as the complaint lays out.
0:13.6	It's a clash of the tightest.
0:15.4	Biden vs. Bezos, Prime vs. Priority Male Express, FTC vs. AMZ.
0:24.2	Okay, truth be told, it's a lot more complicated than any of those things.
0:28.1	What it is, is it's coming up on today's plane.
0:33.3	People are paying higher prices, right?
0:35.1	Consumers are paying more than they otherwise would.
0:37.5	Small businesses are having to pay 50% Amazon tax right now.
0:41.8	And so ultimately, the complaint is seeking to restore the plus promise of competition.
0:47.8	Greater competition will mean lower prices, better quality, better selection, and greater
0:52.8	innovation.
0:53.8	And that's ultimately what this case is about.
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